US Recession Watch: The Inventory Liquidation Looms…”In this scenario central banks panic”
by Tyler Durden
ZeroHedge.com
10/10/2015
There can be little doubt that the massive, unprecedented surge in inventory accumulation (which counts positively to GDP) will eventually be liquidated. When it does the US enter recession, global dollar liquidity crashes, the value of dollar surges even higher, pulling EM further down and a world recession will be upon us again. In this scenario central banks panic…
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